U.S. GDP Goes On-Chain, Sparking Avalanche’s 66% Surge

Avalanche’s network activity has experienced a dramatic 66% surge in weekly transactions, reaching over 11.9 million, according to on-chain analytics firm Nansen. The increase, which outpaced growth on other major blockchains like Starknet (+37%) and Viction (+35%), reflects heightened adoption and usage across decentralized applications and smart contracts. The surge is attributed to a combination of macroeconomic and institutional developments, including the U.S. government’s recent use of blockchain to publish economic data and ongoing ETF-related activity involving the AVAX token [1].

The U.S. Department of Commerce has announced a pioneering initiative to publish real-time gross domestic product (GDP) data on nine public blockchains, including Avalanche, Bitcoin, Ethereum, and Solana. This move, effective from the first quarter of 2025, represents the first time a federal agency has utilized blockchain for official economic reporting. The data includes SHA-256 hashes of GDP reports and, in some cases, the actual GDP growth figures embedded directly into smart contracts for EVM-compatible networks [2]. The initiative aims to enhance the integrity and accessibility of economic data, according to Secretary Howard Lutnick, who emphasized that blockchain ensures “immutable and globally accessible” records.

The Department of Commerce clarified that its involvement is strictly informational and does not constitute an endorsement of any particular blockchain or service. The project includes participation from oracles like Pyth and Chainlink, as well as exchanges such as Coinbase, Gemini, and Kraken, which have assisted in the dissemination of data. The department has also indicated it plans to expand the number of blockchains and services involved in the initiative. The latest GDP report, which showed 3.3% annualized growth, has already been published in this decentralized format [3].

In parallel, institutional interest in Avalanche has been bolstered by the filing of a spot ETF proposal by Grayscale. The investment firm updated its S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a spot Avalanche ETF, with a proposed listing on Nasdaq. This regulatory development, combined with Avalanche’s expanding use cases in DeFi and tokenized assets, has drawn attention from professional investors and analysts. The filing follows broader trends in blockchain adoption, with the network also seeing infrastructure expansion from projects such as Grove, which plans to host up to $250 million in tokenized assets [4].

The confluence of technical improvements, real-world data integration, and regulatory progress has contributed to a broader expansion of on-chain activity across multiple ecosystems. Avalanche, in particular, has benefited from its scalability and low transaction costs, making it a preferred platform for automated payments and decentralized applications. Analysts note that the surge in activity is not only driven by economic incentives but also by the maturation of blockchain analytics tools and the growing network effect, which further enhances liquidity and usage [5]. The movement is part of a larger trend toward multi-chain adoption, supported by both technological innovation and institutional legitimacy.

Source:

[1] Avalanche Activity Surges Following On-Chain US GDP Publication (https://forklog.com/en/avalanche-activity-surges-following-on-chain-us-gdp-publication/)

[2] Avalanche Runs: +66% in Transactions in One Week (https://en.cryptonomist.ch/2025/08/29/avalanche-surges-66-in-transactions-in-one-week-as-the-usa-integrates-gdp-on-blockchain-and-the-avax-etf-enters-the-radar/)

[3] Avalanche Surges as US Drops GDP on Blockchain and ... (https://cryptohead.io/news/avalanche-surges-as-us-drops-gdp-on-blockchain-and-etf-buzz-builds/)

[4] Avalanche Transactions Rise 66% in a Week as US Puts GDP Data on Blockchain (https://cryptorank.io/news/feed/06258-avalanche-transactions-rise-66-in-a-week-as-us-puts-gdp-data-on-blockchain)

[5] Avalanche transactions rise 66% in a week as US puts GDP data on blockchain (https://www.invezz.com/)